Disney+, Hulu Combined Profit Hits $712 Million in Q3

3 weeks ago 11

Rommie Analytics

Disney reported a net profit of $2.6 billion, or adjusted earnings of $2.06 per share, on revenue of $25.25 billion, compared to earnings of $1.85 per share and revenue of $25.4 billion expected by Wall Street analysts. The entertainment giant will shift its consumer products business results from its Experiences division to its Entertainment division to better reflect the returns from the content it produces Disney+ will add more games from ESPN starting this fall to help drive engagement and upsell subscribers to its trio bundle Disney posted fiscal third-quarter results that topped Wall . . .
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